Global Water-Skis And Surfboards Market 2024

Water-Skis And Surfboards Market Size

The global water-skis and surfboards market expanded modestly to $X in 2022, growing by 4.7% against the previous year. Overall, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +75.3% against 2015 indices. Global consumption peaked in 2022 and is likely to continue growth in years to come.

Water-Skis And Surfboards Production

In value terms, water-skis and surfboards production reached $X in 2022 estimated in export price. In general, the total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.6% against 2020 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by 26% against the previous year. Global production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Water-Skis And Surfboards Exports

Exports

In 2022, approx. X units of water-skis, surfboards and sailboards were exported worldwide; falling by -45.6% on 2021. Over the period under review, exports, however, saw a moderate increase. The most prominent rate of growth was recorded in 2016 when exports increased by 160%. The global exports peaked at X units in 2021, and then dropped dramatically in the following year.

In value terms, water-skis and surfboards exports dropped to $X in 2022. In general, exports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by 69%. As a result, the exports reached the peak of $X, and then declined in the following year.

Exports by Country

China prevails in exports structure, reaching X units, which was approx. 59% of total exports in 2022. It was distantly followed by the Netherlands (X units), creating a 7.9% share of total exports. The following exporters - Taiwan (Chinese) (X units), Italy (X units), France (X units), Spain (X units), Germany (X units), Thailand (X units) and the United States (X units) - together made up 20% of total exports.

From 2012 to 2022, average annual rates of growth with regard to water-skis and surfboards exports from China stood at +2.2%. At the same time, the Netherlands (+24.6%), Spain (+21.0%), Germany (+12.1%), France (+6.8%) and Taiwan (Chinese) (+6.1%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +24.6% from 2012-2022. Italy experienced a relatively flat trend pattern. By contrast, Thailand (-2.3%) and the United States (-5.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands, Spain and Germany increased by +6.7, +2.2 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest water-skis and surfboards supplier worldwide, comprising 54% of global exports. The second position in the ranking was taken by the Netherlands ($X), with a 5.9% share of global exports. It was followed by Italy, with a 4.2% share.

In China, water-skis and surfboards exports expanded at an average annual rate of +17.1% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+21.6% per year) and Italy (+1.3% per year).

Export Prices by Country

In 2022, the average water-skis and surfboards export price amounted to $X per unit, rising by 70% against the previous year. Overall, the export price recorded a remarkable increase. The growth pace was the most rapid in 2014 when the average export price increased by 98% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.6%), while the other global leaders experienced more modest paces of growth.

Water-Skis And Surfboards Imports

Imports

In 2022, the amount of water-skis, surfboards and sailboards imported worldwide reached X units, flattening at 2021 figures. Over the period under review, imports enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 52%. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, water-skis and surfboards imports contracted to $X in 2022. Overall, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. As a result, imports attained the peak of $X, and then fell modestly in the following year.

Imports by Country

In 2022, the United States (X units), distantly followed by Germany (X units), the Netherlands (X units), France (X units) and the UK (X units) represented the major importers of water-skis, surfboards and sailboards, together making up 52% of total imports. Spain (X units), Canada (X units), Australia (X units), Italy (X units), Austria (X units), Sweden (X units), Russia (X units) and Poland (X units) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of +7.9% from 2012 to 2022. At the same time, the Netherlands (+23.1%), Austria (+21.5%), Poland (+20.9%), the UK (+16.5%), Germany (+15.3%), Canada (+11.9%), Spain (+11.2%), Sweden (+9.9%), France (+9.7%), Russia (+7.0%) and Italy (+6.9%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the world, with a CAGR of +23.1% from 2012-2022. Australia experienced a relatively flat trend pattern. While the share of the Netherlands (+5.2 p.p.), Germany (+3.6 p.p.) and the UK (+2.9 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of the United States (-3.7 p.p.) and Australia (-4.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported water-skis, surfboards and sailboards worldwide, comprising 26% of global imports. The second position in the ranking was held by Germany ($X), with an 8.1% share of global imports. It was followed by France, with a 7.9% share.

From 2012 to 2022, the average annual growth rate of value in the United States amounted to +7.0%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+12.5% per year) and France (+10.5% per year).

Import Prices by Country

The average water-skis and surfboards import price stood at $X per unit in 2022, shrinking by -4.5% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 12%. As a result, import price attained the peak level of $X per unit, and then fell modestly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Austria ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+7.3%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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